Please Call Paul Meyer (248) 515-0226 to Discuss Challenged Loans
In this compromised economy, good loans are a challenge Bristol Capital Welcomes! We are corresponding with new and many non-bank commercial real estate loan programs, such as CMBS, Life Insurance Product and Credit Union Syndication. These loans are generally for quality stabilized real estate. Minimum thresholds for these loans are $2 million.
Qualifying classes of real estate include:
- Shopping Centers, Shopping Malls, Lifestyle Centers, & Strip Malls
- Office Buildings, Office Parks, & Research Parks
- Industrial Properties & Distribution Centers
Non-specific details of our Commercial Loan Programs include:
- 70% - 85% Loan to Value
- 1.25 Debt Service Coverage
- Good Occupancy
- Rates in the low +/- 5.5% - 6.5% range